Insurance Auto Auctions, Inc., a provider of automotive salvage and claims processing services in the United States, announced the acquisition of Wilmington Salvage Disposal Company in Castle Hayne, North Carolina, which is located just north of Wilmington.
The 23-acre facility represents a key strategic location for the Company, completing state-to-state coverage in North Carolina and South Carolina. The acquisition leverages locations in Charlotte and Raleigh/Durham, North Carolina as well as Charleston and Greenville/Spartanburg, South Carolina.
“We are very pleased with the acquisition of Wilmington Salvage Disposal Company as it fills a major gap in our coverage area,” said Tom O’Brien, CEO of IAA. “In addition to allowing us to provide better, more convenient service to our existing customers in the region, the facility’s significant size gives us the capacity necessary to add many new customers from the area as well.”
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